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Supreme Court of Russia resolved the issue of remuneration between bankruptcy trustees

... the complaint of a trustee, whose claim was rejected by the lower courts, which cited the expiration of the statute of limitations. The trustee wanted to receive a portion of the remuneration that he believed was due to him as a part of the debtor's bankruptcy case. The applicant had worked as a bankruptcy trustee for eight months, after which he was replaced by another person. Then, in the course of the insolvency procedure, the pledged property was sold, and the second trustee received his remuneration ...

SBERBANK LAUNCHED BANKRUPTCY PROCEEDINGS AGAINST ASHATLI DAIRY HOLDING

Sberbank filed bankruptcy claims against eight enterprises that are parts of the Ashatli agricultural holding. The credit institution demands more than 276 million rubles from each of the three firms (Shlyapniki, Pikhtovskoye, Agrotekhkontakt). Five more companies ...

Supreme court of Russia outlined the situation when bankruptcy trustee does not have a right for remuneration

The highest court considered the case on the payment of remuneration to the bankruptcy trustee for participation in the debtor's insolvency proceedings. The courts of the first two instances rejected the claim, the district court satisfied, and the Supreme Court considered the actions of the anti-crisis manager insufficient ...

Foreign partners driving a ‘crab empire’ of Oleg Kan to bankruptcy

The Arbitration Court of Sakhalin announced the introduction of surveillance proceedings at the Kuril Universal Complex (KUC) on September 17. A foreign company C-WORLD Ltd from Hong Kong took over the bankruptcy of the company in mid-July 2021. The amount of the claim reached 2,515,916,560 rubles. The KUC company is headed by Alexander Kan, the son of Oleg Kan, a well-known businessman from the Far East of Russia. In April, the Hong Kong company ...

Crimean shipbuilding plant ‘Sea’ is driven to bankruptcy by the company from Ural

... ‘Sea’ shipbuilding plant, located in Feodosia was filed with the arbitration of the Crimea on September 10, 2021. The court has not yet had time to accept it for proceedings, and the size of the financial requirements is unknown. The initiator of the bankruptcy of the oldest shipbuilding organization in the region was the Ural company Metallinvest. However, there are other claims among the files of the arbitration court that the company from Sverdlovsk had previously filed against the ‘Sea’. In particular,...

Tax authorities of Voronezh driving the plant of vegetable oils to bankruptcy

The bankruptcy petition for the Pereleshinsky vegetable oil plant (VOP), located in the Paninsky district of the Voronezh region, has recently been filed by the tax inspectorate FTSI No. 15). The amount owed by the organization to the state remains unknown,...

SBERBANK THREATENS TO DRIVE A FARM FROM POLEVSKOE TO BANKRUPTCY

Information about possible bankruptcy of a large farm in the Sverdlovsk region was made public on the Fedresurs website a few days ago. A farm from Polevskoe owes money to Sberbank, which now demands that the agricultural producer be declared insolvent through arbitration. The ...

TAX SERVICE OF RYAZAN IS DRIVING "YABLONOVSKIY GROUP" LLC TO BANKRUPTCY

... to consider claims to recover the transferred funds from the director of the company. At the moment, enforcement proceedings have already been initiated against the head of the company to collect debts in the amount of 2.4 million rubles. As for the bankruptcy of Yablonovskiy Group LLC, the application has been left without progress until October 8 due to non-compliance with the tax requirements of procedural legislation.

SOVIET SPORT NEWSPAPER IS THREATENED WITH BANKRUPTCY BY THE TAX SERVICE

... ‘Soviet Sport’ newspaper. A court hearing on this issue is scheduled for October 5. Editor-in-Chief Nikolai Yaremenko said that the company's debts were caused by the 2017–2019 corporate conflict. According to him, the matter will not come to real bankruptcy. Olympic champion Svetlana Zhurova has already reacted to the situation with the possible bankruptcy of the media. The athlete, who was engaged in speed skating, expressed the hope that the media would not be closed. According to the State ...

FAS declared bankruptcy advertizing illegal

The employees of the Federal Antimonopoly Service (FAS) assessed the actions of two law firms, advertising bankruptcy proceedings. Both times violations were revealed in the actions of legal entities, and the materials for further bringing to administrative responsibility were submitted to the court. In the first case, it was about misleading the consumers ...

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